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Technology Stocks : General Magic

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To: Raven McCloud who wrote (2507)	6/27/1998 12:45:00 AM
From: Raven McCloud	Read Replies (2) of 10081

I didn't get a chance to comment on the article from Mobile Computing. "These innovations will be funded by a fourth infusion of venture capital, reported to be in excess of $12 million, from Microsoft, Intel and Matrix Partners, a venture capital group. While neither Microsoft nor Intel has a seat on Wildfire's board of directors, the dynamic duo's interests will support their vision of the "connected PC." For Microsoft, this in part means utilizing Wildfire technology in its Outlook contact manager software." Well, it does say "reported" so we don't know for sure that the 12 million is correct. However, this is the forth round of funding!! Does anyone know if Microsoft has funded Wildfire in the past? Seems Microsoft is playing two hands. If they don't win one they might win the other. The real question is (and maybe this has been addressed before) whether Portico is a better fit for Microsoft and better technology in general. Any techies out there care to comment? A lot has been made in the past about Microsoft's six million investment in GMGC. Does there investment in Wildfire dampen the expectations of their continued support and partnership with GMGC?? Thanks, Raven

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